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Mar 23, 2013
03/13
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it will be great for the economy. we will hope that this is something that will be a start for all of us. neill i don't think the government cares. i think coming to new york and hearkening back the days of johnny carson. you know, i don't think it's fair or right, but i do think it is that retailers make up almost 60% of the volume in this country. >> okay. >> would you go to new jersey? would you leave the city? >> no. neil: do they know that? he is an institution. so he will complain. >> we are still investing regardless. we are painting and putting new fixturing. if you continue to do that, we will give you tax credits and hopefully something wi be happening. neil: how are things in new york right now? >> i think people realize when the government added a 2%tax -- an effect. plus you have the delay of the refund checks to the consumer. on top of that, you have washinon that is dysfunctional. >> is a lot of this discretionary income. if you're pinching that come your pinching yo customer. >> parents will always buy
it will be great for the economy. we will hope that this is something that will be a start for all of us. neill i don't think the government cares. i think coming to new york and hearkening back the days of johnny carson. you know, i don't think it's fair or right, but i do think it is that retailers make up almost 60% of the volume in this country. >> okay. >> would you go to new jersey? would you leave the city? >> no. neil: do they know that? he is an institution. so he...
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which is mind boggling it's higher than it was during the great depression debt strangles the economy and what's the latest part of those student loans look at the explosion in student loan debt it's just totally taken off and why well very simple in one nine hundred eighty four the reagan revolution a single wage earner with a high school diploma can raise a family and one hundred percent of that twelve year education that high school diploma was free now it takes sixteen years to get an entry level job four years of college and if mom's working and most moms are many moms are more than half than it takes eighteen or nineteen years of school to get that entry level job and yet still only twelve of those years are paid for free the rest of that is expensive. college pre-k. preschool daycare so what we see is the shifting of educational costs from government which is always paid for twelve years on to students and their families so by september two thousand and twelve the total student loan debt was nine hundred fifty six billion almost one trillion dollars this is a massive bubble and
which is mind boggling it's higher than it was during the great depression debt strangles the economy and what's the latest part of those student loans look at the explosion in student loan debt it's just totally taken off and why well very simple in one nine hundred eighty four the reagan revolution a single wage earner with a high school diploma can raise a family and one hundred percent of that twelve year education that high school diploma was free now it takes sixteen years to get an entry...
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in comparison the workers' share of the economy has shrunk their way this is c.e.o. pay here is blue line two hundred ninety eight percent this is from one thousand nine hundred ninety is reaganomics has really taken off until two thousand and five c.e.o. pay the green line here is the stock market so people who are invest in the stock market they're doing just fine this is the standard and poor's same thing basically the green line is corporate profits production workers pay however people who are actually making the stuff the goods and services that the c.e.o.'s are making the profit off of the people who are making it their play their pay has pretty much flatlined and the federal minimum wage which several do tens of millions of people in america are actually working at in one thousand nine hundred until now in two thousand and five is actually gone down almost ten percent. like the minimum wage right now if it was where it was in one thousand sixty eight was inflation just to be ten dollars and twenty cents more or less so wages have failed to keep up with income
in comparison the workers' share of the economy has shrunk their way this is c.e.o. pay here is blue line two hundred ninety eight percent this is from one thousand nine hundred ninety is reaganomics has really taken off until two thousand and five c.e.o. pay the green line here is the stock market so people who are invest in the stock market they're doing just fine this is the standard and poor's same thing basically the green line is corporate profits production workers pay however people who...
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Mar 18, 2013
03/13
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KICU
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so, it seems like there is a wave, but it just is a coincidental problem, because as the economy slows down, as long as the national recession lasts, it makes it harder and harder for municipal governments to balance their budget. > a lot of municipalities count on federal dollars that flow coming, and that is drying up too. so they are under stress. > > right. and that is why washington is important to everyone. it might seem like the sequestration is a problem in washington, but that money does come down to the states either through block grants or for transportation grants, and that money has to get squeezed out at the capital level, and it is going to be harder. the driver will be how long is the recession going to last, and how deep is it going to be? > if these cities you talked about and a couple of counties are basket cases, how are other cities that are having real stress problems dealing with it, because their big-budget item is what? employees. > > employees. right. so municipal government is a service enterprise, and when you have a service enterprise - police, fire, pave t
so, it seems like there is a wave, but it just is a coincidental problem, because as the economy slows down, as long as the national recession lasts, it makes it harder and harder for municipal governments to balance their budget. > a lot of municipalities count on federal dollars that flow coming, and that is drying up too. so they are under stress. > > right. and that is why washington is important to everyone. it might seem like the sequestration is a problem in washington, but that...
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Mar 23, 2013
03/13
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CSPAN
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they think government should make investment and ground the economy. host: bob from idaho on our line for democrats, good morning. caller: our garment has to change. -- our government has to change. earnmakrs is against our constitution. we have to go to a clean system with a thumb print that will protect people. we need to do something with a house and the states to control their own housing with better schools and better teachers, thank you. guest: the school issue has up a lot. how to regulate and fund schools? they are talking about block grants on medicaid which helps people. beings something still debated as to what role the fed vs. the state plays. host: has been talk in the news recently about closing schools in chicago and detroit. is there anything in the continuing resolution that would help keep the schools open? guest: the schools are dealing with different problems and i saw the sequestered, really affecting schools on military bases and in tribal lands and poor areas. they are having their own problems like chicago and detroit. it is com
they think government should make investment and ground the economy. host: bob from idaho on our line for democrats, good morning. caller: our garment has to change. -- our government has to change. earnmakrs is against our constitution. we have to go to a clean system with a thumb print that will protect people. we need to do something with a house and the states to control their own housing with better schools and better teachers, thank you. guest: the school issue has up a lot. how to...
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Mar 25, 2013
03/13
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FBC
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economy still rife with uncertainty. here to discuss guy dean of new york university school of business, peter henry. it is bittersweet. you take some of these countries, mexico, brazil, china, they were a mess. now, we have to learn from them. >> exactly. now, we find ourselves in a very similar situation. discipline does not mean fiscal austerity. you need to build trust. dennis: we can see that trust issue going on right now. they worry that what they did which was penalized the rest just invested the most and not penalize depositors, why don't we start with this one. i feel like in the u.s. we have to have austerity. >> fiscal austerity only works in environments of high inflation. we need to focus on the future. focus on austerity. dennis: the government is spending too much. this is not a good thing. >> you need to regain balance over time. right now, trying to get through immediately in the united states could really put a drag on growth here. with 7.7% unemployment, we need growth. dennis: it seems like all the f
economy still rife with uncertainty. here to discuss guy dean of new york university school of business, peter henry. it is bittersweet. you take some of these countries, mexico, brazil, china, they were a mess. now, we have to learn from them. >> exactly. now, we find ourselves in a very similar situation. discipline does not mean fiscal austerity. you need to build trust. dennis: we can see that trust issue going on right now. they worry that what they did which was penalized the rest...
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Mar 23, 2013
03/13
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FBC
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economies. where are those bold innovative companies. and i would make another footnote about the buybacks. yes, record numbers since 2009. but that is because the feds are buying back their own shares. they say let them pass the stress test. they really struggle and diluted earnings per share. diluted their capital base with a lot of shares during the crisis. they have basically flooded the market to recapitalize and buying it back. the. neil: in cyprus explodes and banks reopened, let's see what happens to the residents of cyprus. people say oh, we are there for you. perhaps is next. that they >>. melissa: i'm melissa francis and here who is made money today. investors that are staying optimistic about cyprus. it is scrambling to win a last minute bailout to avoid collapse right now as we speak. the bulls are betting a deal happens before the monday deadline. the euro is rallying against the u.s. dollar, and, if you owned apple, you made money. a top analt expects the next iphone to arrive this summer. shares rallied 2% closing above t
economies. where are those bold innovative companies. and i would make another footnote about the buybacks. yes, record numbers since 2009. but that is because the feds are buying back their own shares. they say let them pass the stress test. they really struggle and diluted earnings per share. diluted their capital base with a lot of shares during the crisis. they have basically flooded the market to recapitalize and buying it back. the. neil: in cyprus explodes and banks reopened, let's see...
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Mar 20, 2013
03/13
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FBC
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but i thinkure underlying economy as long as we stay in the free market and let people go out earn money and change the world, we'll come out ahead, a third of theillionaires reside in u.s., there is a reason, we have that free market capitalism that animallistic spirit, that bridges our country ahead of the game not some government interference or program. neil: well, i hope you are right, monica, in the meantime the government is crowding out the capital, right? it is maybe we've gotten used to that. it is like beating your head against the wall, when you stop, you still have a gaping wound but you feel better. i'm wondering whether we have a false assurance here? >> i don't feel like i have any kind of assure answer from anyone, both of the budgets not only house democratic budget but republican budget are asking for very contentiousesques one wants to us get rid of obamacare, that was a big struggle and the other wants to us get rid of the sequester cuts, which we've been haranging about for weeks now. neil: that just wastes time, every time they do that and add to more spending, we
but i thinkure underlying economy as long as we stay in the free market and let people go out earn money and change the world, we'll come out ahead, a third of theillionaires reside in u.s., there is a reason, we have that free market capitalism that animallistic spirit, that bridges our country ahead of the game not some government interference or program. neil: well, i hope you are right, monica, in the meantime the government is crowding out the capital, right? it is maybe we've gotten used...
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Mar 23, 2013
03/13
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MSNBCW
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increase on minimum wage would reflect job growth but many economists think it would be worth it for the economy. big employers like schultz and costco's ceo craig jelinek know more money mt pockets of americans mean they move for product. some corporate ceos want to raise the minimum wage. president obama want to raise the men mum wage. over 70% of americans want to raise the minimum wage. get the theme here? get the consistency? time for the republicans to wake up and smell the coffee. will congress listen to the country's overwhelming support for background checks. 16% say yes. 84% say no. coming up, chicago parents protest the can country's biggest school closure. reverend jesse jackson joins me on the impact on students. we're in los angeles with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we ne
increase on minimum wage would reflect job growth but many economists think it would be worth it for the economy. big employers like schultz and costco's ceo craig jelinek know more money mt pockets of americans mean they move for product. some corporate ceos want to raise the minimum wage. president obama want to raise the men mum wage. over 70% of americans want to raise the minimum wage. get the theme here? get the consistency? time for the republicans to wake up and smell the coffee. will...
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Mar 22, 2013
03/13
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MSNBCW
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as you pointed out, for the economy. ports, rail, airports. roads. those things are incredibly important for goods movement. you have to invest to keep growing. every business that grows successful, invests. we've got to do it. grover norquist be damned. >> governor, it seems i want to follow up with you. it seems like this is sort of a long-term pain argument, which is, okay. the bridges and the rail and the ports. they're not great but they're passing barely, some of them. passing at this point. but they won't be. how do you make that urgent to the population? as you well know, if the american public doesn't think it's urgent it is not likely a lot of politicians are going to think it's urgent. >> it's interesting. politicians misread the american public as well. in the last election, chris, 70% of the transportation infrastructure referendums calling for more tolls, taxes, or borrowing, passed. even in 2010, 61% passed. in other recent elections 78% passed. when the voters know what they're spending their money on, in charleston a red state, charl
as you pointed out, for the economy. ports, rail, airports. roads. those things are incredibly important for goods movement. you have to invest to keep growing. every business that grows successful, invests. we've got to do it. grover norquist be damned. >> governor, it seems i want to follow up with you. it seems like this is sort of a long-term pain argument, which is, okay. the bridges and the rail and the ports. they're not great but they're passing barely, some of them. passing at...
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Mar 20, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-ye lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their busine
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-ye lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two...
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Mar 23, 2013
03/13
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CSPAN
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eye 155
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they think government should make investment and ground the economy. host: bob from idaho on our line for democrats, good morning. caller: our garment has to change. -- our government has to change. is against our constitution. a clean systemo with a thumb print that will protect people. we need to do something with a and the states to control their own housing with better schools and better teachers, thank you. guest: the school issue has come up a lot. how to regulate and fund schools? they are talking about block grants on medicaid which helps people. that is something still being debated as to what role the fed vs. the state plays. host: has been talk in the news recently about closing schools in chicago and detroit. is there anything in the continuing resolution that would help keep the schools open? guest: the schools are dealing with different problems and i saw the sequestered, really on militaryhools bases and in tribal lands and poor areas. they are having their own problems like chicago and detroit. it is compounded by sequester issues but t
they think government should make investment and ground the economy. host: bob from idaho on our line for democrats, good morning. caller: our garment has to change. -- our government has to change. is against our constitution. a clean systemo with a thumb print that will protect people. we need to do something with a and the states to control their own housing with better schools and better teachers, thank you. guest: the school issue has come up a lot. how to regulate and fund schools? they...
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Mar 20, 2013
03/13
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CSPAN2
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and growing the economy. we have to -- 30% of our deficit right now as we look at this going forward is in the slow economic recovery. and so we want these numbers, when we know it was really bad prior to 2009 when president obama was elected, if -- it's gotten better, but it's not where it needs to be. and it won't be where it needs to be unless we invest in innovation, in education, and rebuilding america's infrastructure. that's what we do. this budget makes sense. this budget is for middle-class families all across america. and i would urge my colleagues to support it. mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: i appreciate the opportunity to be with our colleague, senator stabenow, who serves on the budget committee. what i would like to do just briefly -- and i will he yield to senator roberts -- is that president obama on march 13 of this year said "and so you know my goal is not to chase a balanced budget for the sake of balance." my goal is not to chas
and growing the economy. we have to -- 30% of our deficit right now as we look at this going forward is in the slow economic recovery. and so we want these numbers, when we know it was really bad prior to 2009 when president obama was elected, if -- it's gotten better, but it's not where it needs to be. and it won't be where it needs to be unless we invest in innovation, in education, and rebuilding america's infrastructure. that's what we do. this budget makes sense. this budget is for...
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Mar 20, 2013
03/13
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CNBC
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i am cautiously optimistic about the economy. it seems as if, despite the unemployment, despite the debt, that consumers are spending, and we are enjoying the same level of success that we've enjoyed the last 12 months in the u.s. business. having said that, i think one has to be incredibly concerned about the fragile nature of western europe, what's happening in cyprus, and other geopolitical issues that ultimately affect the united states. >> what about the minimum wage in this country, howard? is $7.25 enough. lots of pushes to take that up to $9, as president obama has talked about. the average starbucks barista, according to glassdoor website, makes $8.78 an hour. >> well, that's a little misleading, but i'll come back to that. you know, i think the minimum wage issue is a double-edged sword. and what i would not want to see is the minimum wage go up and as a result of that, employers starting to hire less people or cutting people's hours. and you have to be very careful of the unintended consequences. on balance, i am a sup
i am cautiously optimistic about the economy. it seems as if, despite the unemployment, despite the debt, that consumers are spending, and we are enjoying the same level of success that we've enjoyed the last 12 months in the u.s. business. having said that, i think one has to be incredibly concerned about the fragile nature of western europe, what's happening in cyprus, and other geopolitical issues that ultimately affect the united states. >> what about the minimum wage in this country,...
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Mar 19, 2013
03/13
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FOXNEWSW
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the economies there were slow and germany the fifth biggest. great britain at number eight. france the 9th largest. all shrink shrinking in the last quarter. that is not what you want. entire eurozone by the way losing huge number of jobs. a record 19 million are unemployed. martha: deadly storm causing serious problems across the south. areas of alabama got pummeled with large hail. some of it was the size of baseballs. that is an unusual sight. that is what they had there. high winds causing issues in georgia. thousand people waking up without power there. national weather service say the storm destroyed a store and a dozen homes. look at the wreckage on the ground. one man was killed when the wind topple ad tree on to his car. bill: we had whiteout conditions here in new york city last night and a new round of snow making for a tough commute across the northeast. new england could see the worst of it. that region getting hit with several major storms over the winter. it could get up to 20 inches of snow by the time this storm passs? maria molina live in the fox severe wea
the economies there were slow and germany the fifth biggest. great britain at number eight. france the 9th largest. all shrink shrinking in the last quarter. that is not what you want. entire eurozone by the way losing huge number of jobs. a record 19 million are unemployed. martha: deadly storm causing serious problems across the south. areas of alabama got pummeled with large hail. some of it was the size of baseballs. that is an unusual sight. that is what they had there. high winds causing...
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Mar 22, 2013
03/13
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MSNBCW
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with an unstable region, a sluggish global economy that is still recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in shouldering this enormous responsibility and more help in fatesing this humanitarian calamity. we had the opportunity to talk about the peace process and we're very delighted by the vision and the depth of wisdom that the president showed over the past several days in his trip with the israelis and the palestinians. obviously i reiterate jordan's commitment to the peace process. and the crucial importance of u.s. leadership in resuming the palestinian/israeli negotiations based on the two-state solution. there is simply no other formula, no other alternative. the two-state solution is the only way to go. and if you compare that also with the radicalization of syria, together with the impasse in the peace process, this is going to be a serious threat to an already-volatile region. i believe there is a window of opportunity to make serious push for resuming negotiations. on the final status issues
with an unstable region, a sluggish global economy that is still recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in shouldering this enormous responsibility and more help in fatesing this humanitarian calamity. we had the opportunity to talk about the peace process and we're very delighted by the vision and the depth of wisdom that the president showed over the past several days in his trip with the israelis and the palestinians. obviously i...
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Mar 26, 2013
03/13
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FBC
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good sign for the economy. some investors are betting that copper will outpace future gains for gold and silver. at least copper is used for something unlike gold unless you've got teeth, fake teeth. connell: i don't see that in the tell -- teleprompter but it's probably there. >> i'm going to go here. take a look at dupont. dow down 1%. big deal here is we'll look at dupont and mansanto. they've now settled an anti-trust and patent lawsuits and set a new deal. what they did is the deal that they made dismisses the $1 billion that was against dupont. look at mansanto here, up 3.2%. they're top seed rivals and they will drop lawsuits against each other in federal court. under the agreement now, dupont will make a series of royalty payments for these generic materials, including $802 million from 2014 to 2017 for some technology. they settled it among themselves and there you have it. big news in the seed world. back to you. connell: the seed world. all right. dagen: seed canisters like glen beck used to sell on
good sign for the economy. some investors are betting that copper will outpace future gains for gold and silver. at least copper is used for something unlike gold unless you've got teeth, fake teeth. connell: i don't see that in the tell -- teleprompter but it's probably there. >> i'm going to go here. take a look at dupont. dow down 1%. big deal here is we'll look at dupont and mansanto. they've now settled an anti-trust and patent lawsuits and set a new deal. what they did is the deal...
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110
Mar 18, 2013
03/13
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KCSM
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eye 110
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all the cuts that are coming are .oming out of education it is hurting the economy. you have got to come up with the plan to came the growth of entitlements -- to tame the growth of the entitlements. >> i am very intuitive could i have the sense that charles is exasperated by what you said. >> pardon me, charles. >> he has been in office for a term and three months. he knows what the problem is. he is not a stupid man. he spoke about this openly in 2010, saying that medicaid is unsustainable and the cuts at the edges are not going to work one. what evan is asking, i suspect that he is exasperated, too, is why hasn't he done anything? the only reason he is doing the charm offensive is to manage the poll numbers. >> i think the democrats are a big problem for him. they do not want to change social security. social security was started at a time when life expectancy was 65 years old. >> it seems that all is good begin with our foundational document as the constitution, and the second man and says the right to bear arms shall not be infringed. >> i have studied the const
all the cuts that are coming are .oming out of education it is hurting the economy. you have got to come up with the plan to came the growth of entitlements -- to tame the growth of the entitlements. >> i am very intuitive could i have the sense that charles is exasperated by what you said. >> pardon me, charles. >> he has been in office for a term and three months. he knows what the problem is. he is not a stupid man. he spoke about this openly in 2010, saying that medicaid...
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524
Mar 25, 2013
03/13
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FOXNEWSW
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what biden said, the economy is waiting to be unlocked. enthey went on to say that's why we desperately need to you elect at least 17 democrats. 17 democrats in the house would give them the majority come 2014. >> yeah. look, it is a very, very ambitious goal. i believe the last time that the president has won that number of house seats in a six-year election, a mid, six year midterm was 1822. he has got his work cut out for him. i would suggest joe biden remember, house republicans were elected to do a job too. and they're doing, for their constituents exactly what they said they would do in the last election. so it is not as if republicans would bend to the president's will simply because he won an election. bill: that point is that the focus is on the debt. which one might argue would not be there unless you had house republicans pushing for that or at least holding the line. one final point, you say biden has given the game up here. what does that mean? >> yeah, look, i just think if there were a real charm offensive, if they actually
what biden said, the economy is waiting to be unlocked. enthey went on to say that's why we desperately need to you elect at least 17 democrats. 17 democrats in the house would give them the majority come 2014. >> yeah. look, it is a very, very ambitious goal. i believe the last time that the president has won that number of house seats in a six-year election, a mid, six year midterm was 1822. he has got his work cut out for him. i would suggest joe biden remember, house republicans were...
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really happening to the global economy with. headlines kaiser reports. mission to teach. thousands of syrians a. cleric killed by a suicide bomber in damascus say. he was also a high profile supporter of the embattled president bashar al assad. told us any muslim scholar who goes against the rebels is now at target. clergyman or let's say going to school those who are not with the opposition were targeted or were killed we can remember the names for example but others were killed because of having an opinion different done position but everybody believed that what happened is unjustified and cannot be explained we have extremist groups systemic seem to group jihad these who are fighting against the government and the mr before he was killed last friday in his last speech he said that we should fight with the syrian army and you should not fight with with this opposition groups so this raises a lot of controversy and controversy and discussion in the syrian society and this lead into this killing and we have mr kind of. the permanent assume the. spoiler who lives in he sai
really happening to the global economy with. headlines kaiser reports. mission to teach. thousands of syrians a. cleric killed by a suicide bomber in damascus say. he was also a high profile supporter of the embattled president bashar al assad. told us any muslim scholar who goes against the rebels is now at target. clergyman or let's say going to school those who are not with the opposition were targeted or were killed we can remember the names for example but others were killed because of...
SFGTV2: San Francisco Government Television
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Mar 20, 2013
03/13
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SFGTV2
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
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Mar 25, 2013
03/13
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LINKTV
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we will go from cyprus to the economy in europe and the economy right here in the united states, and what exactly does he mean a cure for capitalism? wstay with us. ♪ [music break] , diedic by bebo valdÉs friday the age of 94, the son of studyr factory worker, classical music at the conservatorio become a favorite collaborator with the great alongsingers of his era with americans such as nat king cole. he was considered a giant in the golden age of cuban music. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. wolff, a is richard professor emeritus at the university of massachusetts and hearst, now new school university, author of many books including, "democracy at work: a cure for capitalism." i want to talk about austerity here at home read this is house speaker john boehner speaking last month that in the $85 billion budget sequester cuts that took effect march 1. >> the american people know the president gets more money, they're just going to spend. he has got his tax hikes. it is time to focus on the real problem in washington, and that i
we will go from cyprus to the economy in europe and the economy right here in the united states, and what exactly does he mean a cure for capitalism? wstay with us. ♪ [music break] , diedic by bebo valdÉs friday the age of 94, the son of studyr factory worker, classical music at the conservatorio become a favorite collaborator with the great alongsingers of his era with americans such as nat king cole. he was considered a giant in the golden age of cuban music. this is "democracy...
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Mar 26, 2013
03/13
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FOXNEWSW
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even the strongest european economies are in a slump. germany, the united kingdom and france all shrinking in the last quarter. the entire eurozone is losing a huge numbers of jobs. a record 19 million people now unemployed. >>> back in our country lawmakers battling how to deal with the debt crisis on the hill. this year alone the federal government will run a budget deficit of $845 billion. are there any programs that could be cut to save money? doug mckelway live on the story, live in washington kicking off on what to cut, our new series here. good morning to you. >> reporter: good morning, bill. almost every president in the last 30 years tried to shrink or make the government more efficient. >> government is not the solution to our problems, government is the problem. >> the era of big government is over. >> reporter: but, the government has just gotten larger. adjusted for inflation government spend has gone up from average of 882 billion spent every year in the 1980s, to 1.48 trillion in the 1990s to 2.44 trillion a year in the fi
even the strongest european economies are in a slump. germany, the united kingdom and france all shrinking in the last quarter. the entire eurozone is losing a huge numbers of jobs. a record 19 million people now unemployed. >>> back in our country lawmakers battling how to deal with the debt crisis on the hill. this year alone the federal government will run a budget deficit of $845 billion. are there any programs that could be cut to save money? doug mckelway live on the story, live...
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Mar 26, 2013
03/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment iormation, risks, fees and expenses to read and consider carefully before investing. >> at 20 minutes past the hour, hello, everybody i'm uma pemmaraju with your fox news minute. italy's highest court overturned the acquit al of former exchange student amanda knox and ordered a new trial. knox and her former boyfriend served prison time for the murder of knox's roommate back in 2007 but that conviction was later overturned. >>> in virginia, governor bob mcdonnell has a bill that safeguards against voter fraud and free i.d. for any registered voter who does not have one. democrats denounced it to suppress votes of elderly, minorities and underprivileged. >>> supreme court says using a police dog without a warrant to sniff for drugs outside of a house violates the homeowners's constitutional rights. it pert
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment iormation, risks, fees and expenses to read and consider carefully before investing. >> at 20 minutes past the hour, hello, everybody i'm uma pemmaraju with your fox news minute. italy's highest court overturned the acquit al of former...
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Mar 25, 2013
03/13
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FOXNEWSW
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the economy can expand. the data is very clear. i think it is pretty much a no brainer. >> if an immigrant paints my house somehow we are all richer because the rest of us can specialize in something else? >> yes. one of the ways because he's cheaper he makes prices much lower prices of construction much lower for all of us. >> that mahas been my understanding by this flexibility of a labor market everything costs less we can get richer. >> what you are focusing on is the gross domestic product for example if we were to provide grants and amnesty to 12 million illegal aliens the gdp tote at that time total sum of all good and products would grow. >> they would stop hiding and report more income. >> that is an abstract method. it doesn't mean anything. it means squat for "john q" public. with the holy skilled low end jobs. the gdp is prizing. the opportunity for jobs and meaningful growth of the middle class wages are eroding. >> what would you do with the 12 million people who are here? >> you remove them, john, as they are identif
the economy can expand. the data is very clear. i think it is pretty much a no brainer. >> if an immigrant paints my house somehow we are all richer because the rest of us can specialize in something else? >> yes. one of the ways because he's cheaper he makes prices much lower prices of construction much lower for all of us. >> that mahas been my understanding by this flexibility of a labor market everything costs less we can get richer. >> what you are focusing on is...
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Mar 19, 2013
03/13
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CURRENT
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they're going to try to find ways to stimulate the economy get families back on their feet. in the long run that will help the government generate revenue. >> john: american winter director and produceer joe gantz. the film debuts tonight on hbo. thank you for coming on the program. >> i appreciate. >> john: many may have had a come to jesus moment on the debt. after all, and this kind of makes us wonder if the past three years of artificial fiscal crises triggered by the house was anything more than placating contributers. but don't expect our g.o.p. toss change their views on social insurance any time soon. republicans should soon be on record again as supporting severe cuts in programs that benefits the mill class and the poor. i'm delighted to be joined by the reverend dr. susan thistlethwaite professor of theology and former president of the chicago theological seminary. welcome. >> thank you. >> you were the author of "occupy the bible: what jesus really said and did about money and power." >> thank you. >> john: the raptured budget that was on the occupy bible website
they're going to try to find ways to stimulate the economy get families back on their feet. in the long run that will help the government generate revenue. >> john: american winter director and produceer joe gantz. the film debuts tonight on hbo. thank you for coming on the program. >> i appreciate. >> john: many may have had a come to jesus moment on the debt. after all, and this kind of makes us wonder if the past three years of artificial fiscal crises triggered by the...
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Mar 21, 2013
03/13
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FBC
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about the economy. that is not happening right now. stuart: middle america senses something is wrong, we have spent a ton of money, deeper in debt. >> the other thing they understand is you have this anomaly. the stock market is hitting record, yet the average person thinks they have money in a 401(k), that is great. but the other thing is they invest in a cd. there is nowhere to do normal savings right now because saving rates are close to zero. all this money being forced into the stock market, people are worried about how real those numbers are. stuart: you're very much in touch with the political reaction going on in the economy. but there is no political reaction to middle america about what is going on here. president obama is still relatively popular, his policies are still relatively popular. >> his handling of the economy have dropped precipitously. he is now basically dead even with the republicans handling of the economy, so i think the president should be more worried about it than he is. re
about the economy. that is not happening right now. stuart: middle america senses something is wrong, we have spent a ton of money, deeper in debt. >> the other thing they understand is you have this anomaly. the stock market is hitting record, yet the average person thinks they have money in a 401(k), that is great. but the other thing is they invest in a cd. there is nowhere to do normal savings right now because saving rates are close to zero. all this money being forced into the stock...
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with the government comes all to you is a rebel led attacks on nigeria's oil industry damaging his economy and costing the country billions in lost revenue now the government has offered cash and jobs for thousands of finances in return for peace that will last i already welcome in full time court for one of nigeria's most notorious rebel commanders a t.k. tome amounting challenge of two thousand falling to is about to lay down his arms and exchange the cash in education. i last post for the cameras and then the serious business of hunting over his he just wants to get. the villagers from the talk to return to their homes damaged to brought a period of relative calm to the niger delta there wouldn't last. tom paulo boileau father go attack a time and a host of other military bosses took the president's deal and laid down their weapons but the root causes of the conflict were never addressed there are still no good roads no good schools and no good hospitals the oil still lives there well companies get richer the west and she boil while the environment is further cleared . today the village
with the government comes all to you is a rebel led attacks on nigeria's oil industry damaging his economy and costing the country billions in lost revenue now the government has offered cash and jobs for thousands of finances in return for peace that will last i already welcome in full time court for one of nigeria's most notorious rebel commanders a t.k. tome amounting challenge of two thousand falling to is about to lay down his arms and exchange the cash in education. i last post for the...
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Mar 26, 2013
03/13
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MSNBCW
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a balanced budget will save the economy. the rallying behind the paul ryan plan. a budget that slashes spending by $4.6 trillion, 68% of which comes from programs for the poor. and for working-class americans. ryan's budget promises to balance the books in just ten years. roughly three times as fast as the budget he released a year ago and which was adopted by the romney campaign. but jonathan chait repinds us that paul ryan didn't always buy into this anti-deficit message. in fact he argued for quite the opposite. chait writes, he began as a disciple of jack kemp. ryan was a leader of the wing of republicans demanding that bush increase the deficit even more. he castigated bush's tax cuts as far too small. that's right. ryan once believed that his party didn't take on enough debt. ryan said during bush's first term quote, they fear increases in the debt and they were overlooking issues of growth, opportunity and free markets. in fact, republicans didn't used to be the party of deficit cutting at all. this graph shows the federal debt as a percentage of gdp. you c
a balanced budget will save the economy. the rallying behind the paul ryan plan. a budget that slashes spending by $4.6 trillion, 68% of which comes from programs for the poor. and for working-class americans. ryan's budget promises to balance the books in just ten years. roughly three times as fast as the budget he released a year ago and which was adopted by the romney campaign. but jonathan chait repinds us that paul ryan didn't always buy into this anti-deficit message. in fact he argued...
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Mar 25, 2013
03/13
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KQED
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because we are in a global economy. and what was done to cyprus has been an absolute disaster because any time a country now fears that they might have a financial crisis, first thing people are going to do is start a run on the bank. they're not going to take any chances. and so the germans and the e.u. boesched this thing. the i.m.f., it was done i think for political reasons, the germans did not want to see bailing out russian olegarks in election year but the way they did it was horrible. what they should have done is guarantee at the beginning those 100,000 euro deforests, anything above that they'd get shares in the new bank. you might take a hair cut but normally when a bank goes under, the creditors get shares in a new bank. these guys are just wiped out with no hope of recovery. >> so, the concern here is not so much cyprus itself which after all is the third smallest economy in europe, it's a tiny little island of less than a million people, is it to you more the indication that european leaders still haven't
because we are in a global economy. and what was done to cyprus has been an absolute disaster because any time a country now fears that they might have a financial crisis, first thing people are going to do is start a run on the bank. they're not going to take any chances. and so the germans and the e.u. boesched this thing. the i.m.f., it was done i think for political reasons, the germans did not want to see bailing out russian olegarks in election year but the way they did it was horrible....
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Mar 20, 2013
03/13
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CNBC
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but these two kind of the backbones of our economy. we have to keep our eyes and so many more of the transport stocks going forward. >> oracle now down about 7%. we'll get the updates from jon fortt later on in the show. ben bernanke, keeping the easy money and the rally for that matter going for now pushing the s&p 500 closer to an all-time high. let's get straight to the traders here. and dr. j. john najarian is also joining us here onset. we are points away from the s&p 500 hitting the all-time closing high. what's your guess on when that happens? >> if it weren't for oracle, it would have been early in the morning tomorrow. and even with oracle, i think the market still has enough gas, melissa to get past that. but to j.j.'s point and everyone on the desk, i agree there are some in the armor. not to push the market down, but to keep the fed in that tight box, that is exactly where the fed is. they're stuck, they can't get out of this now. if you were looking for an early exit, ain't happening, folks. not happening, not getting out
but these two kind of the backbones of our economy. we have to keep our eyes and so many more of the transport stocks going forward. >> oracle now down about 7%. we'll get the updates from jon fortt later on in the show. ben bernanke, keeping the easy money and the rally for that matter going for now pushing the s&p 500 closer to an all-time high. let's get straight to the traders here. and dr. j. john najarian is also joining us here onset. we are points away from the s&p 500...
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Mar 19, 2013
03/13
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FBC
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they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart: you know the question. would you eat a non-union twinkie? >> first of all, i would not eat a twinkie. what i would do is i would patronize the company. stuart: you got out of that one. all right. thank you very much, phil. it is good to see you and we will bring you back soon. we will offer you a twinkie bought by me when they are back on the shelves. what is going on with chesapeake energy? the stock is moving. nicole: did you actually say you are going to buy something for somebody should mark that should be the headline right there. chesapeake being cut today to an under performer. making available $2.3 billion this move for chesapeake energy under some pressure. stuart: the situation of cyprus. it is scaring people. how confident are you in this country's banks? we have some numbers for you coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles
they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart: you know the question. would you eat a non-union twinkie? >> first of all, i would not eat a twinkie. what i would do is i would patronize the company. stuart: you got out of that one. all right. thank you very much, phil. it is good to see you and we will bring you back soon. we will offer you a...
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Mar 24, 2013
03/13
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FBC
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what does it mean to our economy? >> what it means to our economy, the lawmakers, what gaur gary b is correct. voters are not against this, voters are against this. and like trying to find the bravest frenchman, it's tough to find an honest one out there. >> and this is by the way-- >> and this is the entire french vote and i don't care how. >> they don't want this. >> and here is the difference, here is the difference. >> and one thing about this is, even if everybody in the world is doing it, it is still wrong. congress comes out and says, we don't want pork and they also said we're going to stand up for simpson bowls and cut spending and raiserevenue, we can't do that. they all say they're against pork and every single one of them do it, it's a systemic problem and it's a character problem that we have indeed seen and it means these guys are not doing it for our country. >> john, one thing, take a breath for god's sake. the issue here is that if jonas got, you know, the extra bonus coming early. taxpayers weren't p
what does it mean to our economy? >> what it means to our economy, the lawmakers, what gaur gary b is correct. voters are not against this, voters are against this. and like trying to find the bravest frenchman, it's tough to find an honest one out there. >> and this is by the way-- >> and this is the entire french vote and i don't care how. >> they don't want this. >> and here is the difference, here is the difference. >> and one thing about this is, even if...
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Mar 23, 2013
03/13
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FBC
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overwhelmingly shows by increased economic growth but the duty is even low-skilled immigrants are good for this economy. they are benefiting not just peoplelike me or people working in washington d.c. because they know their lawn, watched their children but this is not the zero sum game and the data is clear it is a no-brainer. john: of the immigrant pains my house we are richer? >> yes. because hes cheaper e makes construction and prices lower for all of us. john: adits minder standing everything cost less and we get richer. >> to focus on the gdp if we would provide amnesty to 12 million in legal immigrants yes a total sum of products manufactured would grow. >> the more people in the bigger it gets but it is abstract but it doesn't mean anything for the public because if you find a the government with low-end jobs gdp is rising but opportunities for meaningful growth are eroding. john: what would you do with the 12 million who are here? >> you remove them as identified by law and allow them to leave voluntarily. if we have the incentives in place they would self to port with attrition. john: make it
overwhelmingly shows by increased economic growth but the duty is even low-skilled immigrants are good for this economy. they are benefiting not just peoplelike me or people working in washington d.c. because they know their lawn, watched their children but this is not the zero sum game and the data is clear it is a no-brainer. john: of the immigrant pains my house we are richer? >> yes. because hes cheaper e makes construction and prices lower for all of us. john: adits minder standing...
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find out what's really happening to the global economy with. for a no holds barred look at the global financial headlines kaiser report.
find out what's really happening to the global economy with. for a no holds barred look at the global financial headlines kaiser report.
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Mar 20, 2013
03/13
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they are forecasting the entire economy. when you look at those dates, those are the ones with the more optimistic outlooks. you have the fiscal uncertainties. the fed cannot take that into account in their forecasts. they forecast the economy as it is, not what may happen from the fiscal side. cheryl: the sequester will be one of the things that can change their gdp projections. i assume that would be to the downside. unemployment, that is also key to market participants. is 6.5% unemployment -- if that threshold comes sooner rather than later, that will be a market negative, i assume. >> i would assume that as well. the labor force participation rate is at a 30 year low. we will get it down to 6.5% by giving more people to drop out of the labor market. if you look at consumer confidence as measured by the university of michigan, that have plummeted this year. do not forget, guys, the way that that helps out this u.s. government is keeping the rates low. cheryl: what about the homebuilders, scott? homebuilding has been a bi
they are forecasting the entire economy. when you look at those dates, those are the ones with the more optimistic outlooks. you have the fiscal uncertainties. the fed cannot take that into account in their forecasts. they forecast the economy as it is, not what may happen from the fiscal side. cheryl: the sequester will be one of the things that can change their gdp projections. i assume that would be to the downside. unemployment, that is also key to market participants. is 6.5% unemployment...
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Mar 24, 2013
03/13
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CNNW
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first of all, as long as the economy economy remains weak, also the economy gets stronger, we'll have more revenue and, also, if the economy gets stronger, then i start to become a hawk if the economy is strong enough. by no means am i saying, we have to stay in this mode under all conditions. under these questiconditions yo to do that. the idea that necessarily we're going to be facing higher interest rates some time soon is by history. look at japan. japan has been running large deficits, as much as twice the debt burden that we have. still very low interest rates. just not a story that you should place a lot of weight on and, by the way, the projections right now about what the interest burden on the federal budget will be in the year 2023, they say that it will be as high as it was in 1991, 1992. we actually had interest payments that were over 3% of gdp under bush one and then they came way down. people said, oh, look at these scary numbers about rising interest payments, they, the scenario we're supposed to be afraid of is the things we go back to the way they were 20 years ago,
first of all, as long as the economy economy remains weak, also the economy gets stronger, we'll have more revenue and, also, if the economy gets stronger, then i start to become a hawk if the economy is strong enough. by no means am i saying, we have to stay in this mode under all conditions. under these questiconditions yo to do that. the idea that necessarily we're going to be facing higher interest rates some time soon is by history. look at japan. japan has been running large deficits, as...
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Mar 18, 2013
03/13
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CNBC
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we're in a situation where the economy is improving. earnings are going to do better than people pecked. remember shs we had a lot of negativity about what was going to happen this year. we're in a situation where if the economy doesn't do better than we get more qe. if it does improve, then the economy sim proves. earnings are better. everything goes up no matter what. >> bob, goldman is not the only one who has done it. other analyst, independents and others have done the same thing. >> key thing is gdp numbers were raised. retail sales numbers were better than expected. i think john's right. they'll do that with s&p numbers, although i haven't seen a lot. the only other one is isi. they had 1668 and now at 1690. they raised it. >> this is very healthy thing. we want the s&p to be going up based on stronger earnings. not just based on financial magic. that's what seems to be happening. great. >> mayor bloomberg is good for a topic here. he's decided he's going to ban cigarette advertising in the city establishments, keep all tobacco p
we're in a situation where the economy is improving. earnings are going to do better than people pecked. remember shs we had a lot of negativity about what was going to happen this year. we're in a situation where if the economy doesn't do better than we get more qe. if it does improve, then the economy sim proves. earnings are better. everything goes up no matter what. >> bob, goldman is not the only one who has done it. other analyst, independents and others have done the same thing....
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Mar 23, 2013
03/13
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CNNW
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it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here yesterday in "the situation room," 24 hours ago. he said flatly he is going to iowa the next few weeks, seriously thinking of running for the republican presidential nomination in 2016. thinks it is a good idea for him. what about you? >> i am going to make my mind up later. the reason i need to do this job, i am chairman of the budget committee, we have a crisis on the horizon, we need agreements done, i don't think it is good for me or wisconsin district or my colleagues to cloud my judgment at this time with other things. i need to do what i think is right in this moment, working on the budget, i have a lea
it will damage the economy deeply. people say we don't have a crisis on the horizon, of course we do. we have a debt on a tear. if the debt takes off like it is projected to do so, it is not only hurting our economy today, it is destroying it for the next generation. we can't sit around and be complicit with that. the problem is we have to do something about that. >> one final question. senator rand paul was here yesterday in "the situation room," 24 hours ago. he said flatly he...
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Mar 22, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [applause] john: we are back with "students for liberty" in washington d.c. where i'm impressed 1,000 of you choose to spend your weekend debating things like constitutional psychology and hijacked and i was more interested in alcohol and it was legal as a drinking age was 18 but now it is 21 and most do this are younger than an adnd drug czar legal. students, i assume none of you ever drink or use drugs? [laughter] i know what you to incriminate yourself for parents may be watching but how many think most break the drug or alcohol laws? just about everybody kennedy was a tv personality at mtv and was 20 and grew up in the music business there was no lawbreaking or drug use there? >> not on my end because i made the choice
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [applause] john: we are back with "students for liberty" in washington d.c. where i'm impressed 1,000 of you choose to spend your weekend debating...
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Mar 24, 2013
03/13
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KNTV
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could come back this summer but so long as it lasts, that's calming for the markets and good for the economy, and it may, lester, leave some space still for a compromise in which democrats would agree to changes in cuts in medicare and social security, and republicans would come up with a little bit more tax revenue, lester. >> all right, john harwood tonight, thank you. >>> president obama wrapped up his four-day visit to the middle east today, after helping israel and turkey end a three-year diplomatic dispute. that, in turn, will help the region deal with the civil war in syria. before he left today, the president turned his attention to the past, visiting jordan's ancient city of petra, one of the world's most celebrated archaeological sites. with the president on his way home, secretary of state john kerry remained in the region. we get more tonight from nbc's chief foreign affairs correspondent, andrea mitchell. >> reporter: john kerry, with jordan's king abdullah at his side, stayed behind, wasting no time trying to deliver on the president's promise of a fresh start for middle east d
could come back this summer but so long as it lasts, that's calming for the markets and good for the economy, and it may, lester, leave some space still for a compromise in which democrats would agree to changes in cuts in medicare and social security, and republicans would come up with a little bit more tax revenue, lester. >> all right, john harwood tonight, thank you. >>> president obama wrapped up his four-day visit to the middle east today, after helping israel and turkey...
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552
Mar 18, 2013
03/13
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CNBC
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economy. and, where hyes, they're in ver shape. they're generally optimistic about their revenue outlook. they tend to have a lot of cash on their balance sheets. they are genuinely concerned about the health care costs, taxes, and regulatory environment. that's the primary reason they don't hire more people. but their businesses are actually doing fine. >> john, i know i asked you this the last time. believe me. it's just that every time you leave then we hear more reports of wells fargo is trying to acquire cit. t.d. bank. has the price not been right? >> well, i really think you need to get wells fargo or t.d. on your show and ask them that question. >> all right. let me ask you about something that i know is near and dear to your heart. the new york stock exchange. what's your take, john, at the deal to acquire n -- he told me last week he's going to spin out some of the european exchanges. as you know he's got five european exchanges that he's going to try to ipo. >> even when i was at the new york stock exchange, the combinat
economy. and, where hyes, they're in ver shape. they're generally optimistic about their revenue outlook. they tend to have a lot of cash on their balance sheets. they are genuinely concerned about the health care costs, taxes, and regulatory environment. that's the primary reason they don't hire more people. but their businesses are actually doing fine. >> john, i know i asked you this the last time. believe me. it's just that every time you leave then we hear more reports of wells fargo...
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economy i still peoples money that have global do a. good thing.
economy i still peoples money that have global do a. good thing.